End-of-day quote
Shanghai S.E.
06:00:00 2024-04-25 pm EDT
|
5-day change
|
1st Jan Change
|
21.64
CNY
|
+0.51%
|
|
+11.95%
|
-12.10%
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Capitalization
1 |
6,910
|
20,539
|
19,585
|
13,569
|
12,489
|
10,977
|
-
|
-
|
Enterprise Value (EV)
1 |
6,910
|
20,539
|
19,585
|
13,569
|
12,489
|
10,977
|
10,977
|
10,977
|
P/E ratio
|
24.9
x
|
62.3
x
|
60.3
x
|
48.6
x
|
37.9
x
|
26.8
x
|
20.6
x
|
17.1
x
|
Yield
|
1.37%
|
0.59%
|
0.57%
|
1.12%
|
1.58%
|
1.81%
|
2.5%
|
2.88%
|
Capitalization / Revenue
|
4.23
x
|
11.9
x
|
11
x
|
6.75
x
|
4.9
x
|
3.57
x
|
2.99
x
|
2.53
x
|
EV / Revenue
|
4.23
x
|
11.9
x
|
11
x
|
6.75
x
|
4.9
x
|
3.57
x
|
2.99
x
|
2.53
x
|
EV / EBITDA
|
-
|
38.6
x
|
38.7
x
|
32.2
x
|
26.1
x
|
19
x
|
15.4
x
|
12.6
x
|
EV / FCF
|
-
|
-
|
88.5
x
|
51.7
x
|
32.5
x
|
27.1
x
|
26.2
x
|
20.5
x
|
FCF Yield
|
-
|
-
|
1.13%
|
1.93%
|
3.08%
|
3.69%
|
3.82%
|
4.88%
|
Price to Book
|
2.72
x
|
7.39
x
|
6.57
x
|
4.31
x
|
3.75
x
|
3.06
x
|
2.8
x
|
2.54
x
|
Nbr of stocks (in thousands)
|
507,260
|
507,260
|
507,260
|
507,260
|
507,260
|
507,260
|
-
|
-
|
Reference price
2 |
13.62
|
40.49
|
38.61
|
26.75
|
24.62
|
21.64
|
21.64
|
21.64
|
Announcement Date
|
3/30/20
|
3/19/21
|
3/15/22
|
3/22/23
|
3/15/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net sales
1 |
1,634
|
1,731
|
1,788
|
2,012
|
2,548
|
3,076
|
3,669
|
4,337
|
EBITDA
1 |
-
|
532.3
|
506.6
|
421
|
478.9
|
577.3
|
710.6
|
868.6
|
EBIT
1 |
350
|
434.5
|
400.9
|
313.7
|
396.6
|
485.9
|
625.9
|
751.7
|
Operating Margin
|
21.41%
|
25.1%
|
22.41%
|
15.59%
|
15.57%
|
15.79%
|
17.06%
|
17.33%
|
Earnings before Tax (EBT)
1 |
344.5
|
421.1
|
390.1
|
302.9
|
379.7
|
475.4
|
617.2
|
741.8
|
Net income
1 |
270.6
|
331.3
|
324.8
|
280.2
|
328.9
|
409.8
|
533
|
643.3
|
Net margin
|
16.56%
|
19.14%
|
18.16%
|
13.93%
|
12.91%
|
13.32%
|
14.53%
|
14.83%
|
EPS
2 |
0.5462
|
0.6500
|
0.6400
|
0.5500
|
0.6500
|
0.8080
|
1.050
|
1.269
|
Free Cash Flow
1 |
-
|
-
|
221.3
|
262.3
|
384.1
|
405
|
419
|
536
|
FCF margin
|
-
|
-
|
12.37%
|
13.04%
|
15.08%
|
13.17%
|
11.42%
|
12.36%
|
FCF Conversion (EBITDA)
|
-
|
-
|
43.68%
|
62.31%
|
80.2%
|
70.16%
|
58.97%
|
61.71%
|
FCF Conversion (Net income)
|
-
|
-
|
68.13%
|
93.61%
|
116.79%
|
98.84%
|
78.6%
|
83.32%
|
Dividend per Share
2 |
0.1862
|
0.2400
|
0.2200
|
0.3000
|
0.3890
|
0.3925
|
0.5420
|
0.6233
|
Announcement Date
|
3/30/20
|
3/19/21
|
3/15/22
|
3/22/23
|
3/15/24
|
-
|
-
|
-
|
Fiscal Period: December |
2019
|
2020
|
2021
|
2022
|
2023
|
2024
|
2025
|
2026
|
---|
Net Debt
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Net Cash position
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Leverage (Debt/EBITDA)
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
Free Cash Flow
1 |
-
|
-
|
221
|
262
|
384
|
405
|
419
|
536
|
ROE (net income / shareholders' equity)
|
11.8%
|
12.5%
|
11.3%
|
9.17%
|
10.2%
|
11.5%
|
13.7%
|
14.9%
|
ROA (Net income/ Total Assets)
|
-
|
-
|
-
|
-
|
7.74%
|
8.88%
|
10.2%
|
11.7%
|
Assets
1 |
-
|
-
|
-
|
-
|
4,249
|
4,617
|
5,237
|
5,514
|
Book Value Per Share
2 |
5.010
|
5.480
|
5.880
|
6.210
|
6.560
|
7.070
|
7.740
|
8.510
|
Cash Flow per Share
2 |
0.7300
|
0.6600
|
0.5500
|
0.6300
|
0.8900
|
0.7500
|
0.9700
|
1.130
|
Capex
1 |
188
|
142
|
58
|
56.9
|
66.1
|
76.2
|
80
|
103
|
Capex / Sales
|
11.5%
|
8.2%
|
3.24%
|
2.83%
|
2.59%
|
2.48%
|
2.18%
|
2.37%
|
Announcement Date
|
3/30/20
|
3/19/21
|
3/15/22
|
3/22/23
|
3/15/24
|
-
|
-
|
-
|
Last Close Price
21.64
CNY Average target price
26.97
CNY Spread / Average Target +24.62% Consensus |
1st Jan change
|
Capi.
|
---|
| -12.10% | 1.51B | | -0.96% | 296B | | +8.51% | 81.55B | | +9.34% | 42.47B | | +3.90% | 37.87B | | -8.93% | 20.81B | | +13.62% | 16.62B | | -8.10% | 12.04B | | +7.26% | 10.21B | | +21.13% | 10.16B |
Distilleries
|